Government excluded from paying the PAIS tax to the import of goods used in the production of products intended for exportin order to stimulate its production.
This was established through the decree 14/2024, published this Thursday in the Official Journal, which consists of an amendment to article 13 bis of decree 99/2019.
On 24 July, during the Alberto government, extended the application of the tax to all imports of goods used in some industrial processes.
The tax – 17.5% in the case of imported goods – applies to the purchase of dollars intended for the purchase of goods and services abroad. The banks perceive this when importers access the free trade marketAND Does not apply if you pay with your own dollars.
It aims at the decision to eliminate the tax for the attribution of goods used in export processes “stimulate the growth of export production activity”the recitals of the decree are highlighted.
Instead they will continue to pay taxes those goods intended directly for consumption and the introduction of goods into free zones.
The measure will begin to apply to foreign currency purchase transactions carried out starting this Thursday, the decree clarifies.
What is the NATIONAL tax?
The PAIS tax was created at the beginning of the government of Alberto Fernández within the framework of the economic emergency law.
To measure, which will be valid until the end of 2024has set a 30% tax both for those who purchase foreign currency to hoard and for those who use a credit or debit card to cancel expenses or withdraw foreign coins or notes abroad.
The PAIS tax was the tax with the highest growth in collection in 2023, with an increase of 335.5% compared to the national year and a total income of 1.5 billion dollars.
This is mainly explained by the increase in the exchange rate and the broadening of its tax base with the proceeds of the payment required for some imports, as reported this week by the Federal Administration of Public Revenues (AFIP).
SN
Source: Clarin
